Steel companies engage with vaccine makers for bulk supply of doses for employees
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Last Updated: Jan 18, 2021, 12:37 PM IST
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Domestic steel makers like Tata Steel, ArcelorMittal Nippon Steel India (AMNS India) and Rashtriya Ispat Nigam Ltd (RINL) said they will continue to support the government in the nationwide drive and will wait till vaccines are available for corporates.
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Meanwhile, players like JSW Steel and Jindal Steel and Power Limited (JSPL) are already in talks with Indian vaccine makers to place orders according to their requirements.
New Delhi: Leading steel-producing companies in the country are drawing up plans to vaccinate their employees across offices and plant sites with the start of the nationwide COVID-19 vaccination drive. Domestic steel makers like Tata Steel, ArcelorMittal Nippon Steel India (AMNS India) and Rashtriya Ispat Nigam Ltd (RINL) said they will continue to support the government in the nationwide drive and
Government To Sell 10% Stake In SAIL, Stock Falls 8% The government has decided to sell up to 20.65 crore shares or 5 per cent of total equity of Steel Authority of India through an offer for sale (OFS), the company said in a regulatory filing
Updated: January 14, 2021 10:11 am IST
The government has set floor price of the proposed share sale of SAIL at Rs 64 per share.
The government has decided to sell up to 20.65 crore shares or 5 per cent of total equity of Steel Authority of India Limited (SAIL) through an offer for sale (OFS), the company said in a regulatory filing on Wednesday. The centre also has an greenshoe option to sell an additional 20.65 crore shares in the company.
SAIL offer for sale over-subscribed 3 6 times on first day orissapost.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from orissapost.com Daily Mail and Mail on Sunday newspapers.
Gold prices today fall sharply, silver rates slump ₹900
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Gold is now down about ₹7500 from record highs
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Gold prices fell sharply in Indian markets with MCX February futures slumping below the ₹49,000 level. Gold was down 0.9% or ₹450 to ₹48,860 per 10 gram while silver futures slumped 1.4% or ₹900 to ₹65,127 per kg. The precious metal is now down about ₹7500 from record highs of ₹56,200, hit in August.
In global markets, gold prices were lower today amid higher US Treasury yields and a stronger dollar. Gold was at $1,840 an ounce, down 0.3%. Bond yields and the dollar rose today after a report indicated that US President-elect Joe Biden plans a massive Covid-19 relief package of about $2 trillion.